Financial Instruments (Tables)

9 Months Ended

Nov. 25, 2023

Marketable Securities [Abstract]

Amortized cost, gross unrealized gains and losses, and estimated fair values of investments available for sale

e hold the following available-for-sale marketable securities, made up of fixed-maturity investments: 

(In thousands)	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
November 25, 2023	$	10,168	$	3	$	597	$	9,574
February 25, 2023	10,647		—		702		9,945

Schedule of amortized cost and estimated fair values of investments by contractual maturity

The amortized cost and estimated fair values of these investments at November 25, 2023, by contractual maturity, are shown below. Expected maturities may differ from contractual maturities, as borrowers may have the right to call or prepay obligations with or without penalty.

(In thousands)	Amortized Cost		Estimated Fair Value
Due within one year	$	2,439	$	2,406
Due after one year through five years	7,729		7,168
Total	$	10,168	$	9,574

Fair value measurements

(In thousands)	Quoted Prices in Active Markets (Level 1)		Other Observable Inputs (Level 2)		Total Fair Value
November 25, 2023
Assets:
Money market funds	$	13,262	$	—	$	13,262
Municipal and corporate bonds	—		9,574		9,574
Foreign currency option contract	—		3		3
Interest rate swap contract	—		1,550		1,550
Liabilities:
Aluminum hedging contract	—		724		724
February 25, 2023
Assets:
Money market funds	$	8,062	$	—	$	8,062
Municipal and corporate bonds	—		9,945		9,945
Interest rate swap contract	—		1,817		1,817
Liabilities:
Foreign currency option contract	—		206		206
Aluminum hedging contract	—		1,075		1,075